Meridian.* Meridian placed a new mortgage in the amount of $19 million on a 182,000 SF office building on Maiden Lane in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY. The 10-year loan featured a spread of 245 basis points. This transaction was negotiated by Aaron M. Birnbaum. * Meridian negotiated a new mortgage in the amount of $9,500,000 on a 10-story boutique hotel Boutique hotel is a term originating in North America to describe intimate, usually luxurious or quirky hotel environments. Boutique hotels differentiate themselves from larger chain/branded hotels and motels by providing personalized level accommodation and services / facilities. on W. 58th St. in New York, NY. The property obtained an aggressive rate from a local savings bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. . |
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